Nov 16, 2020
In today's episode, let's reveals how Michael takes advantage of 1031 exchange to increase his portfolio. Listen to Michael's journey to Financial Independence through Real Estate, from 8-80 Doors with No Money.
Michael Zuber (1972 - Hopefully Decades from Now) One Rental at
a Time was never intended to be a book or YouTube channel but
simply was how he had to build his portfolio as he was too busy at
work to think about anything except finding the next rental.⠀
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Now Michael focuses on helping people believe they can get to "4
Rentals" as that can change your family's life in a huge way.⠀
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He also believes that we need to help the next generation that
they don't have to work in a job that they don't like for 40 years
hoping for a good retirement. Real Estate is a Path that offers so
much to so many. ⠀
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Listen to
the full episode as Michael answered our HOT SEAT questions
directly to the point and learn actionable tips and key metrics
that will help you along your journey!
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KEY TAKEAWAYS:
- 8:00 No Magic 1st Deal From Realtor.com
- 9:58 Day 1 using a property manager
- 10:35 1st 5 property manager was a failure
- 14:30 His why kept him going after doubt and failures
- 17:50 Shift from single-family to multifamily units
- 20:40 From 8-80 units
- 20:45 The basics of 1031 Exchange explained
- 24:30 Retirees a good niche for tenants
- 25:45 8-80 units with no new capital
- 27:43 What is Hard Money and how to keep buying private money
- 29:50 The key to raising private money
- 41:00 15 year sacrifice created 175 units
- 46:50 One rental at a time
- 47:49 HOT SEAT Questions and Answers portion⠀
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Connect with Michael at:
Onerentalatatime.com
www.youtube.com/onerentalatatime
Book/Resources Request: https://amzn.to/35wIZqg⠀
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Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes.
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feel free to visit my website and youtube
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we’re putting out, please subscribe.⠀
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Schedule Your 15 Minutes Free Consultation with Marcus at:
Marcusemaloney.com
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Enjoy the Real Estate Journey!